$3.17836 +1.51%
Rank 82
Market Cap $124,450,222
24H Volume $7,167,155
Circulating Supply 38,740,532 SOL
Total Supply 488,616,452 SOL

SOL Price Chart

1H +0.85%
24H +1.51%
7D +10.42%
1M -25.83%
All-Time High $4.94638
% from ATH -36%
ATH Date Sep 1, 2020

What is Solana?

Solana is a single-chain, delegated-Proof-of-Stake protocol whose focus is on delivering scalability without sacrificing decentralization or security.

Core to Solana’s scaling solution is a decentralized clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps with SHA256 computations. This eliminates the need for the broadcasts of timestamps accross the network, improving overall network efficiency.

Solana Technical Details

Consensus Proof of Stake (PoS)
Hash Algorithm None
Org. Structure Centralized
Development Status Working product
Hardware Wallet Yes

Solana Team

Anatoly Yakovenko
Anatoly Yakovenko

CEO

Greg Fitzgerald
Greg Fitzgerald

CTO

Raj Gokal
Raj Gokal

COO

Eric Williams, PhD
Eric Williams, PhD

Chief Scientist

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